KrunchieKilleen

EUR/USD RISE T0 TEMPER

FX:EURUSD   Euro / U.S. Dollar
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The trend of the Euro against the US Dolar, as I have previously predicted, will be upwards in 2016. It has broken out of the channel defined by the curved lines I showed in earlier posts and re-draw here. However, it still has to come down from its December spike. While the present upward slope is shown by the continuous green line, I anticipate a gentler rise, still shown by my dotted green line. So, for the moment it will either remain flat or fall towards the green dotted line.

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